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HomeMy WebLinkAboutResolution-2003-0007 CITY OF WHEAT RIDGE, COLORADO RESOLUTION NO. 07-2003 Series of 2003 TITLE. A RESOLUTION AMENDING THE FISCAL YEAR 2003 CAPITAL IMPROVEMENT PROGRAM (CIP) BUDGET TO REFLECT THE APPROV AL OF A SUPPLEMENTAL BUDGET APPROPRIATION WHEREAS, as part of the 2003 budget process, the City Council approved the 2003 Capital Improvement Program Budget on December 9, 2002; and WHEREAS, the Wheat Ridge Charter requires that amendments to the budget be effectIve by the CIty Council adopting a Resolution; and WHEREAS, the West 49th Avenue and Van Gordon Street project, budgeted at $l60,000 in 2002, was not completed in 2002; and WHEREAS, the 2002 Corridor Streetscape Master Plan, budgeted at $l50,000, was not completed in 2002; and WHEREAS, for the budget needs have changed for the 38th Avenue Business District; and WHEREAS, CommunIty Development Block Grant (CDBG) funds in the amount of $133,500 have been approved for the Jay Street, 35th Avenue to 38th Avenue improvement project; and WHEREAS, the published budget will be corrected to reflect the approved budget amount of $200,000 for Traffic Signal Improvements; NOW, THEREFORE, BE IT RESOLVED that: 1 The following amendments to the 2003 Capital Improvement budget are hereby approved. (a) Increase account 30-303-800-840 by $l60,000. (b) Increase account 30-303-800-859 by $l50,000 (c) Decrease account 30-61O-700-72l to $40,000 (d) Establish account 30-303-800-895 for $133,500 for the Jay Street project. (e) Correct account 30-304-800-843 to correct budget amount of$200,000. ArrEST- ~ ~ 0wUuw Wanda Sang, CIty Cl~